FirmaIQ
Org.nr 920 418 287 2019 → 2020 Year-over-year analysis

ACTIVITY AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2021-06-30; registry 2021-09-23; journal 2021 799025

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTIVITY AS. Revenue 2.18m NOK → 1 842 NOK (-99.9%). Net result 0 NOK → +826.8k NOK. Equity 701.7k NOK → 2.13m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.18m NOK 1 842 NOK
-99.9%
Operating result
+609 NOK +1 046 NOK
+71.8%
Net result
0 NOK +826.8k NOK
—
Equity
701.7k NOK 2.13m NOK
+203.3%
Cash
734.7k NOK 2 583 NOK
-99.6%
Total assets
204.2k NOK 2.97m NOK
+1353.9%

What improved

  • ↑

    Operating result improved

    Operating result +609 NOK → +1 046 NOK (op. margin 0.0% → 56.8%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +826.8k NOK (net margin 0.0% → 44887.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 701.7k NOK → 2.13m NOK (equity ratio 343.6% → 71.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.41× → 3.53×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.18m NOK to 1 842 NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 734.7k NOK → 2 583 NOK (-99.6% YoY). Calculated